Financial Planning that Could Save you a Fortune
Friday, January 08
Financial planning requires a system you can follow to be fully prepared for tax time. It's imperative that as real estate investors and business owners, you create an accounting strategy that avoids expensive mistakes, gets the most deductions and plans your wealth building accordingly. Here are...
Last minute Year End Tax Strategies
Friday, November 13
With the new year quickly approaching, it's time to make some strategic moves to lower your tax bill.Strategy:Prepay Deductible ExpendituresIf you itemize deductions, accelerating some deductible expenditures into this year to produce higher write-offs makes sense if you expect to be in the same ...
Year End Tax Tips to Save you Money
Friday, November 06
Individuals & Self-EmployedPlain vanilla year-end tax planning strategies suggest that all taxpayers should generally defer income and accelerate expenses in order to reduce current-year taxable income and tax liabilities. But the AMT (Alternative Minimum Tax) is becoming an increasingly big ...
What Every Investor Needs to Know About the Compliance Side of Entity
Friday, October 23
Investors typically have lots of questions regarding the compliance side of entity structuring. There are many things to consider such as: states to register, tax filings and what a properly set up business looks like. In this article, we will examine all the different aspects of compliance when ...
What Every Real Estate Investor Should Know about the Legal side of En
Friday, October 16
When choosing an entity for your real estate investment, it is vital that you understand the legal issues involved, so you can protect your assets. We have already explored the tax implications of entity structuring. In this article we will look in depth at the LEGAL side of entity structuring, L...
How to Choose the Right Entity for Your Real Estate Investment
Friday, October 09
"THE TAX SIDE OF ENTITY STRUCTURING"There are three main aspects of entity structuring: legal, tax and compliance.The goal is to find one that meets all three criteria. One size does not fit all. Structures can be changed. Ease of compliance - What are the compliance requirements? - annual filing...